Hee Shen Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 52,615 | 37,805 | 14,810 | 148.5 | 0% |
| 2022 | 36,754 | 16,851 | 19,903 | 347.4 | 0% |
| 2023 | 56,340 | 132,030 | −75,690 | 37.5 | 0% |
| 2024 | 63,758 | 101,490 | −37,732 | 44.3 | 0% |
In its most recent public year (2024), this organization spent $37,732 more than it brought in. Its reserves stood at about 44.3 months of spending, down from 148.5 in 2021. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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